HOA Management
Full-Service HOA Management
Your Illinois Homeowners Association deserves the very best of care without breaking the bank. We offer a full-service management package for single-family homes designed to ensure your community's long-term success.
Financial
Services
Comprehensive accounting that follows your budget, with extra checks and balances to protect your community's financing.
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Management
Services
Expect professional quality, full-service management for your HOA when you choose Foster Premier as your HOA management partner.
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Vendor
Management
We will take on management of your vendors and resources from bid soliciting bids, project oversight, and managing contracts.
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HOA Financial Services
We work with your board every step of the way to ensure your budget is on track, your monthly financials are ready and released on time, and your operating accounts are properly managed. We'll also work with your treasurer to assist in reserves investment and planning capital improvements. Foster Premier is here to help with experienced advice when it comes to making decisions that impact your community's financials.
We believe financial transparency is critical to maintaining a good relationship between a management company and the community members. That is why we work with a dedicated community association accounting firm. This 3rd layer of financial oversight gives our clients the peace of mind that your books are being responsibly and ethically managed.
When we take on your community management, we take on all of the tasks that take unnecessary time away from the board. That includes taking on the processing of fines and fees, collection of delinquent assessments, notices, and accounts payables. Every action is taken under the direction of the board, but without requiring the members of the board to interrupt your busy lives to deal with the details.
Collaboration and adding value is at the heart of our company and has resulted in industry-leading client retention. Many of our clients have had the same manager for over 10 years—we're like part of their family!
HOA Management Services
Our team provides expert guidance, helping the board understand and navigate community rules and regulations, industry best practices, and local, state and federal laws. We facilitate board meetings, offer solutions for effective policy implementation, and help ensure legal compliance, enabling a well-organized and legally sound operating environment.
We implement the board's rules on architectural compliance and CC&R enforcement with a fair and even hand - ensuring no homeowner feels singled out, while still maintaining the standards that preserve the community's beauty and value. Our compliance process is designed to make it as streamlined and transparent to the homeowner as possible without compromising the rules.
We prioritize clear and open communication channels between the board, homeowners, and management. Regular updates, accessible documentation, and promptly addressed concerns cultivate trust within the community and facilitate a collaborative environment.
Locally
owned & operated
30+ Years
serving Chicagoland
AAMC Certified
proven expertise
HOA Vendor Management
We manage all aspects of vendor relationships, from contract negotiation to performance monitoring. Our attention to detail guarantees that contractual obligations are fulfilled and service standards are consistently met. Should issues arise with vendors, we act swiftly to resolve conflicts and ensure services are uninterrupted. Our proactive approach minimizes downtime and maintains the high standards of living your residents expect.
We safeguard your association from potential liabilities by thoroughly verifying vendor compliance with insurance requirements, building codes, and safety regulations. Our diligent vetting process ensures that all vendors operate within the legal framework, thereby protecting the community from legal and financial exposures.
Resident & Board Member Support
Effective
Communications
Stay connected with automated updates and direct access to live support for all inquiries.
Administrative
Support
Comprehensive administrative care from document handling to meeting preparations, all streamlined for efficiency.
24/7/365
Resident Portal
Engage with your community anytime through our all-in-one, cloud-based management system, enhancing resident interaction and access.
Online Board
Invoice Approval
Board Treasurers and Presidents can easily approve invoice payments online through our user-friendly Board portal.